Community bank system, inc. (CBU)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets:
Cash and cash equivalents at beginning of period

529

205

1,014

874

508

211

256

250

543

221

241

219

291

173

161

161

138

153

156

143

150

138

157

161

153

149

174

148

330

228

287

130

132

324

425

273

211

Available-for-sale investment securities (cost of $2,986,577 and $3,011,551, respectively)

3,141

3,044

2,437

2,359

2,922

2,936

2,904

2,939

2,987

3,031

3,074

3,086

2,740

2,748

2,842

2,889

2,870

2,808

2,867

2,817

2,622

2,472

2,465

2,493

2,470

2,186

1,848

1,706

1,773

2,121

2,195

2,206

2,045

1,538

1,457

1,440

1,085

Fair value of other investments and equity securities.

43

43

44

43

43

45

43

43

45

50

50

58

47

35

35

41

32

39

49

50

33

40

40

40

35

32

52

41

42

59

58

78

67

58

58

55

53

Loans held for sale, at fair value

3

0

0

0

0

0

0

1

0

0

1

0

0

2

0

0

0

0

1

1

1

1

0

0

0

0

0

1

-

0

0

0

0

0

0

0

3

Held-to-maturity investment securities (fair value of $0 and $703,957, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

617

619

631

637

641

647

652

553

558

592

602

Gross loans, including deferred origination costs

6,866

6,890

6,853

6,284

6,266

6,281

6,300

6,238

6,227

6,256

6,308

6,361

4,932

4,948

4,940

4,904

4,821

4,801

4,313

4,263

4,163

4,236

4,217

4,147

4,096

4,109

4,025

3,935

3,861

3,865

3,812

3,561

3,460

3,471

3,476

3,478

3,026

Allowance for credit losses

55

49

49

49

49

49

50

49

48

47

47

47

47

47

46

46

45

45

45

45

45

45

45

44

44

44

44

43

42

42

42

41

41

42

42

42

42

Net loans

6,810

6,840

6,803

6,234

6,216

6,231

6,250

6,188

6,178

6,209

6,260

6,313

4,885

4,901

4,893

4,858

4,775

4,755

4,267

4,218

4,118

4,190

4,171

4,103

4,052

4,064

3,981

3,892

3,818

3,822

3,769

3,519

3,418

3,428

3,434

3,435

2,983

Goodwill, net

773

773

773

733

733

733

733

733

733

734

731

733

542

465

465

465

465

463

375

375

375

375

375

375

375

374

369

369

369

369

369

345

345

345

344

345

297

Intangible assets, net of accumulated amortization, related to bank deposits belonging to an acquired bank that can be counted on as a stable source of lending funds, net of accumulated amortization. These deposits have the following attributes: predictable costs and low sensitivity to interest rates. This intangible asset is usually amortized over its estimated useful life.

15

16

17

15

17

18

20

21

23

25

26

28

6

7

7

8

9

9

7

8

9

10

10

11

12

13

11

12

13

14

15

9

10

11

12

13

10

The carrying amount, net of accumulated amortization as of the balance sheet date of intangible assets not otherwise specified in the taxonomy having a reasonably expected period of economic benefit.

44

46

49

51

53

55

58

61

63

65

66

69

69

8

9

9

10

11

1

1

1

1

1

2

2

2

2

2

2

2

3

3

3

3

3

3

3

The aggregate sum of net carrying value of a all finite-lived intangible asset classes and goodwill, less accumulated amortization and any impairment charges.

832

836

840

800

804

807

811

816

820

825

824

831

618

480

482

483

484

484

384

385

386

386

387

389

390

390

383

384

385

387

388

358

359

360

360

363

311

Premises and equipment, net

162

164

169

154

151

119

120

120

120

123

124

122

111

112

111

112

113

114

92

92

93

93

91

90

91

93

91

91

89

89

89

84

83

85

85

86

81

Accrued interest and fees receivable

36

31

34

29

35

31

34

34

33

36

33

29

28

31

28

26

29

25

28

24

27

24

27

24

27

25

27

28

26

32

30

32

27

28

27

28

26

Other assets

248

243

253

249

232

223

237

238

235

249

239

221

189

180

171

167

170

170

148

175

141

140

158

156

175

152

123

107

121

117

109

108

125

107

94

114

83

Total assets

11,808

11,410

11,597

10,745

10,916

10,607

10,659

10,633

10,966

10,746

10,850

10,884

8,913

8,666

8,727

8,742

8,615

8,552

7,997

7,908

7,576

7,489

7,502

7,461

7,397

7,095

7,302

7,020

7,221

7,496

7,570

7,166

6,912

6,488

6,503

6,390

5,444

Liabilities:
Noninterest-bearing deposits

2,491

2,465

2,549

2,363

2,346

2,312

2,346

2,332

2,372

2,293

2,310

2,283

1,642

1,646

1,577

1,546

1,533

1,499

1,357

1,337

1,316

1,324

1,279

1,257

1,225

1,203

1,158

1,120

1,115

1,110

1,098

944

911

894

887

849

741

Interest-bearing deposits

6,812

6,529

6,618

6,124

6,273

6,009

6,116

6,181

6,398

6,151

6,295

6,342

5,694

5,429

5,500

5,411

5,585

5,373

4,790

4,749

4,809

4,610

4,688

4,714

4,812

4,692

4,529

4,549

4,659

4,517

4,610

3,965

4,040

3,900

3,951

3,908

3,192

Total deposits

9,303

8,994

9,168

8,488

8,619

8,322

8,463

8,513

8,771

8,444

8,605

8,625

7,336

7,075

7,077

6,957

7,119

6,873

6,148

6,086

6,126

5,935

5,967

5,971

6,038

5,896

5,687

5,670

5,774

5,628

5,708

4,910

4,952

4,795

4,838

4,757

3,934

Borrowings from the Federal Home Loan Bank, which are primarily used to cover shortages in the required reserve balance and also in times of liquidity shortages. The member institution executes a promissory note, which is generally collateralized by government securities to the Federal Reserve or loans.

0

8

-

-

-

54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amount of debt having initial terms less than one year or the normal operating cycle, if longer, excluding securities sold under agreement to repurchase.

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings

-

-

-

-

-

-

0

0

0

24

0

179

-

146

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities sold under agreement to repurchase, short-term

204

241

233

142

249

259

274

181

279

337

310

190

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Federal Home Loan Bank borrowings

3

3

4

1

1

1

1

2

2

2

3

3

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated notes payable

13

13

13

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings

-

-

-

-

-

-

-

-

-

-

-

-

0

-

133

267

33

301

558

566

195

338

343

319

217

141

567

322

361

728

728

1,157

910

728

728

728

728

Subordinated debt held by unconsolidated subsidiary trusts

77

77

77

97

97

97

97

122

122

122

122

122

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

102

Accrued interest on deposits and other liabilities as of the date of the balance sheet of the reporting entity.

228

215

259

205

189

157

152

155

159

180

213

189

178

144

173

177

160

135

143

153

138

126

123

113

120

79

79

76

105

135

126

110

107

88

79

72

72

Total liabilities

9,832

9,555

9,756

8,935

9,159

8,893

8,991

8,976

9,335

9,110

9,256

9,311

7,617

7,468

7,487

7,505

7,415

7,412

6,952

6,908

6,562

6,501

6,537

6,506

6,479

6,220

6,436

6,170

6,343

6,594

6,665

6,281

6,071

5,713

5,748

5,660

4,837

Commitments and contingencies (See Note J)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders' equity:
Preferred stock, $1.00 par value, 500,000 shares authorized, 0 shares issued

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $1.00 par value, 75,000,000 shares authorized; 52,189,314 and 51,974,726 shares issued, respectively

52

51

51

51

51

51

51

51

51

51

51

51

46

44

44

44

44

44

41

41

41

41

41

41

41

41

41

40

40

40

40

40

40

37

37

37

34

Additional paid-in capital

935

927

921

917

913

911

907

904

898

894

889

887

627

545

540

535

531

528

421

417

413

409

405

403

402

396

392

387

383

378

376

373

372

313

309

308

225

Retained earnings

902

882

861

843

817

795

774

750

723

700

645

627

626

614

602

589

577

566

560

547

536

525

515

504

492

481

477

466

456

447

438

431

420

411

402

391

374

Accumulated other comprehensive income (loss)

83

-10

2

-4

-26

-45

-62

-46

-35

-3

16

17

10

7

66

81

61

19

45

18

48

30

20

21

-1

-26

-28

-27

13

54

66

57

24

29

23

9

-9

Treasury stock, at cost (158,222 shares, including 158,092 shares held by deferred compensation arrangements at March 31, 2020 and 180,803 shares including 179,548 shares held by deferred compensation arrangements at December 31, 2019, respectively)

6

6

6

8

9

11

14

15

17

21

22

23

14

15

13

13

13

17

24

25

27

20

16

16

17

17

17

17

17

17

17

17

17

17

17

17

17

Deferred compensation arrangements (158,092 and 179,548 shares, respectively)

8

10

10

9

9

11

11

11

11

13

13

13

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total shareholders' equity

1,976

1,855

1,840

1,809

1,757

1,713

1,668

1,656

1,631

1,635

1,593

1,572

1,296

1,198

1,240

1,236

1,200

1,140

1,045

1,000

1,013

987

965

955

918

875

865

850

877

902

904

885

840

774

755

730

607

Total liabilities and shareholders' equity

11,808

11,410

11,597

10,745

10,916

10,607

10,659

10,633

10,966

10,746

10,850

10,884

8,913

8,666

8,727

8,742

8,615

8,552

7,997

7,908

7,576

7,489

7,502

7,461

7,397

7,095

7,302

7,020

7,221

7,496

7,570

7,166

6,912

6,488

6,503

6,390

5,444